Loading tweet... "And the year starts with an inflationary bang," wrote Harvard's Jason Furman, adding that he was glad the Fed was on hold. Loading tweet... Mohamed El-Erian, the former Pimco ...
Meanwhile, Unitar International University economics professor Anthony Dass, who is pencilling in an inflation rate of 2.8% for 2024, said inflationary pressure is expected to be manageable.
Apparel retailer Gap forecast annual and first-quarter sales below estimates on Thursday, joining a growing number of ...
The company notes that fresh groceries were the most inflationary category during the quarter. Seana Smith and Madison Mills discuss the details on Morning Brief, explaining how pressures from ...
However, there is a looming inflationary shock, based on Michigan year-ahead inflation expectations, due to tariffs. Thus, the recent progress on inflation could be reversed, which could push the ...
The S&P 500 hovered near all-time highs and the bond market made solid gains after a week of sobering news pointing to the return of rising inflation. A soft reading on retail sales held out some ...
Leading FMCG companies have had to take price hikes in the December quarter with persistent inflationary pressures even as they have been banking on cutting costs and focusing on sourcing ...
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